3-bedroom house · PE10 0BG
Listing removedListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Excellent three-bedroom townhouse on Elsea Park, Bourne.
The property is close to schools and benefits from off-road parking for two cars, a good-sized rear garden, kitchen with integrated appliances and three double bedrooms.
The ground floor has a cloakroom, lounge and kitchen/diner. The lounge has patio doors into the rear garden. The kitchen/diner has a fitted oven/hob, fridge-freezer, dishwasher and washing machine.
On the first floor there is a large double bedroom to the rear of the property and a smaller double to the front. The family bathroom on this level has a shower over the bath.
There is good additional storage on the landing which then leads through to a separate hall where the stairs to the master bedroom are.
The master bedroom and its ensuite shower room fill out the whole of the top floor, the room being of a size to comfortable accommodate a Queen/King-sized bed and additional furniture.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Folkestone Close, Bourne, PE10 0BG
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